When asked, should he become premier, if he'd ban the practice of Muslim Imams coming to some public schools to conduct prayer meetings and relegating girls to the back of the room and not to mix with the boys, Hudak said no one was going to discriminate against his daughter (which wasn't the issue) and that he trusted school principals to do the right thing (again, not the issue). Why couldn't he say he opposed such discrimination, and promise to have his education minister take action if Conservatives form the government? Sharia law, anyone? His faith that principals would not be intimidated or pressured by minority groups or human rights zealots verged on the naïve... or cynical.
This latest go-round of negativity has nothing to do with a lack of earnings or liquidity, as we dealt with in 2008. This is all about waiting for firms to open the taps and start using their burgeoning sacks of cash. This makes the difference between a firm staying afloat and getting capsized by a rogue recession wave.